Latest news with #Barnwell
Yahoo
4 days ago
- Sport
- Yahoo
New York Jets' QB Destined For 'Break Out or Flop' 2025 Campaign
New York Jets' QB Destined For 'Break Out or Flop' 2025 Campaign originally appeared on Athlon Sports. Eras for NFL franchises are often defined by and associated with the quarterback. 2025 marks a new era of New York Jets football, as Justin Fields is the new man in town. Advertisement The Jets signed Fields to a two-year, $40 million contract. It's a low-risk, high-reward venture for the Jets. If Fields can live up to the potential that got him drafted with the No. 11 overall pick, it's a bargain for the Jets. If Fields continues to struggle, it's not a franchise-hampering deal. ESPN's Bill Barnwell pegged Fields as an offseason signing who "could break out - or flop." "This might not be Fields' last chance as a starter, but it's probably his last chance at entering an offseason with a meaningful guarantee to start somewhere." Barnwell wrote. Barnwell hopes the Jets utilize his strength as a runner and play-extender, which the Chicago Bears did not take advantage of. Advertisement "The hope for Fields is that the Jets lean into his strengths in the QB run game, which the Bears didn't really do." Barnwell noted. "The Steelers jumped a little further in, but after he averaged just over five designed runs (excluding scrambles and kneel-downs) across his six games as a starter, he was benched for Russell Wilson." Fields is coming off his lone season with the Pittsburgh Steelers. As a starter, Fields went 4-2, with his two losses coming from a combined margin of six points. Fields was two scores away from a perfect 6-0 record with the Steelers, compared to Wilson who went 6-5 as a starter. But Fields' track record as a full-time starter in Chicago wasn't pretty. "While the Steelers went 4-2 with Fields throwing just one interception on 161 pass attempts, the best version of a Fields-led offense has to commit to his ability to create explosive plays" Wrote Barnwell. "He has taken sacks on nearly 12% of his dropbacks as a pro, plays that usually kill drives. His 40.9% success rate as a passer ranks 24th out of 25 quarterbacks with at least 1,200 dropbacks over the past four seasons, per NFL Next Gen Stats. With all of those negative or neutral plays, he has to produce big plays to survive as an NFL passer." Related: Could Giants Land High-Profile Lineman? Related: Mason Taylor Continues To Shine At Jets OTAs This story was originally reported by Athlon Sports on Jun 5, 2025, where it first appeared.
Yahoo
02-06-2025
- Business
- Yahoo
Barnwell Announces Second Adjournment of 2025 Annual Meeting Due to Ned Sherwood's Refusal to Submit Votes Solicited from Shareholders
HONOLULU, June 2, 2025 /PRNewswire/ -- Barnwell Industries, Inc. (NYSE American: BRN) ("Barnwell" or the "Company") today announced that its 2025 Annual Meeting of Shareholders, which reconvened today, has been adjourned to Tuesday, June 17, 2025. This is the second adjournment necessitated by the deliberate refusal of Ned Sherwood and his affiliates (collectively, the "Sherwood Group") to vote the proxies they actively solicited from Barnwell shareholders. Mr. Sherwood, in an effort to cure violations of federal securities laws due to inadequate disclosures of his intent, has now admitted in his May 30, 2025, press release that he will not vote the green proxy cards obtained from shareholders. By refusing to turn in the green proxy cards, Mr. Sherwood is holding hostage the votes of shareholders, including those shareholders who voted for the Company's candidates on the Sherwood Group's universal green proxy card. Accordingly, the Annual Meeting has again been adjourned to seek a quorum and prevent the continued expense of a long-term extension of the Annual Meeting process. Shareholders should be reminded that: It is not too late to vote and only the latest card voted counts Shareholders should vote on the WHITE proxy card for ALL of the Barnwell nominees Shareholders who voted on the Sherwood Group's green proxy card can change their vote and contribute to the quorum by voting on the WHITE proxy card The Company separately announced today that Heather Isidoro, who was elected to the Board as part of the Sherwood Group's consent solicitation, informed the Board on Friday, May 30, 2025, that she was resigning as a director, effective immediately. Barnwell will make appropriate disclosures with the SEC in connection with the resignation on a Current Report on Form 8-K in due course. The adjourned 2025 Annual Meeting will take place on Tuesday, June 17, 2025, at 9:00 a.m. HST at Suite 210, Alakea Corporate Tower, 1100 Alakea Street, Honolulu, you have any questions or need assistance voting the WHITE proxy card, please contact our proxy solicitor: Okapi Partners at (877) 869-0171 or by email at info@ Forward-Looking Statements Certain information contained in this press release contains "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current beliefs and expectations of our board and management team that involve risks, potential changes in circumstances, assumptions, and uncertainties, include various estimates, forecasts, projections of Barnwell's future performance and statements of Barnwell's plans and objectives. Forward-looking statements include phrases such as "expects," "anticipates," "intends," "plans," "believes," "predicts," "estimates," "assumes," "projects," "may," "will," "will be," "should," or similar expressions. Although Barnwell believes that its current expectations are based on reasonable assumptions, it cannot assure that the expectations contained in such forward-looking statements will be achieved. Any or all of the forward-looking statements may turn out to be incorrect or be affected by inaccurate assumptions Barnwell might make or by known or unknown risks and uncertainties. These forward-looking statements are subject to risks and uncertainties including our ability to defend against any potential claims by the Sherwood Group, our ability to execute on our strategy and business plan and the other risks forth in the "Forward-Looking Statements," "Risk Factors" and other sections of Barnwell's Annual Report on Form 10-K (as amended) for the fiscal year ended September 30, 2024, Quarterly Report on Form 10-Q for the fiscal quarters ended March 31, 2025 and December 31, 2024 and Barnwell's other filings with the Securities and Exchange Commission. Investors should not place undue reliance on the forward-looking statements contained in this press release, as they speak only as of the date of this press release, and Barnwell expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein. View original content to download multimedia: SOURCE Barnwell Industries, Inc.
USA Today
23-05-2025
- Sport
- USA Today
ESPN highlights one very specific area Indianapolis Colts' defense has to improve in 2025
ESPN highlights one very specific area Indianapolis Colts' defense has to improve in 2025 ESPN recently highlighted one very specific area on defense that the Indianapolis Colts have to improve in. Overall, the Indianapolis Colts need improved play on the defensive side of the football. This was obviously a clear emphasis this offseason with the team hiring Lou Anarumo as defensive coordinator, signing free agents Charvarius Ward and Cam Bynum, along with spending two top-100 picks on that side of the ball. There are several key areas where this unit has to get better, including in pass defense and generating a more consistent pass rush. However, Bill Barnwell of ESPN recently highlighted one very specific area that the Colts' defense must improve in: tackling. According to Next Gen Stats, the Colts were the only team to have four players record at least 100 tackles, but the efficiency wasn't there. The Colts gave up a league high 1,183 yards after missed tackles and had 10-plus missed tackles in all but six games. From a pure quantity standpoint, no team missed more tackles than the Colts did in 2024, and it wasn't particularly close. Barnwell would point out that the additions of Bynum and Ward should very much help the Colts in this regard. Bynum has a career missed tackle rate of just 7.1%, according to ESPN, while Ward has the lowest missed tackle rate of any player since 2018. Barnwell would also mention that linebacker Jaylon Carlies--while it was a small sample size--missed only 5.3% of his tackle attempts as a rookie. "Will better tackling make the Colts a great defense? No," wrote Barnwell. "But this was a team that ranked 30th in third-down conversion rate (44.4%) a year ago, in part because Colts defenders couldn't make tackles short of the sticks. Better tackling will get them off the field." Along with those additions, Anarumo's more aggressive scheme can hopefully have players better positioned to make plays, and more players in the area of the ball carrier to help bring him down. To state the obvious, sound tackling limits yards after the catch and yards after contact in the run game. That then helps limit explosive plays and can create longer down-and-distances, which should result in the defense getting off the field more regularly.
Yahoo
23-05-2025
- Business
- Yahoo
The Sherwood Group Stands by Shareholders on the Green Card
Vero Beach, Florida--(Newsfile Corp. - May 23, 2025) - The Sherwood Group, a long-term and significant shareholder with approximately 29.90% of the issued and outstanding shares of Barnwell Industries, Inc. ("Barnwell", "BRN" or the "Company") today issued the following letter to Barnwell shareholders. To our Long-Suffering Barnwell Shareholders, On Wednesday, Delaware Vice Chancellor Paul A. Fioravanti, Jr. entered a judgment invalidating our slate of Board candidates from being considered for election at Barnwell's upcoming annual meeting. Not once in Judge Fioravanti's 75-minute soliloquy reciting case after case about various technical requirements did he factor into his decision the overwhelming support received in favor of removal of management's slate and that as of May 23 approximately 42% (and growing) of Barnwell's outstanding shares had voted on the Green Card for the election of Brian Henry, Doug Woodrum, Ben Pierson and me (Sherwood slate) versus less than 15% of Barnwell's shares have voted for the incumbent Barnwell Directors (Company slate)!! While we retain our right to appeal the Judge's decision, it is very disappointing that the Delaware court blatantly ignored the will of the shareholders and opted for form over substance. Equally troubling is the SEC's continued failure to enforce basic standards of transparency and disclosure in Barnwell's press releases and other filings. Years of violations of section 13(d) filings by the Magaro family have gone unaddressed and Kinzler's blatant statements about his group of approximately 25% of Barnwell shareholders has never been questioned by the SEC! We are obviously disappointed that all long-suffering Barnwell shareholders (along with me) will not get an opportunity via our slate to turn around Barnwell's chronic underperformance, entrenchment tactics, clear violation of governance, and refusal to act in the best interest of all shareholders. Despite Grossman and Horowitz almost being removed by a majority of shareholders in the Consent Solicitation, they still assert themselves as "stewards of corporate governance." If they truly cared about what shareholders wanted, they would listen to them and step down. To be clear: unless we hold a majority of the Board and can implement the real changes that our plan had contemplated, a turnaround would be a difficult challenge especially given the current "going concern" warning stated in Barnwell's current quarterly filing. We did not anticipate that current entrenched management would expend nearly all its remaining scarce cash balances on non-productive legal defense and in so doing jeopardize Barnwell's viability. Again, we are shocked and disappointed at the outcome of our efforts. But we respect and support the will of the shareholders. As such, although the Judge has ruled that the Sherwood slate of directors are not eligible for election, we will continue our solicitation on the GREEN card in protest against the Company's blatant disregard for its shareholders. We will not stand by without protest while the Company "rips off" the election against approximately 42% (and growing) of the outstanding shares who have voted in favor of the Sherwood slate (and against them). Grossman and Horowitz may not wish to protect OR respect the will of the shareholders but the Sherwood Group will preserve it to the extent it can. Sincerely, /s/ Ned L. Sherwood Ned L. Sherwood Voting Is Ongoing Shareholders are reminded that voting remains open for the 2025 Annual Meeting. Preliminary voting results are not final and may not reflect the ultimate outcome. Shareholders who have already voted may revoke their proxy and submit a new one at any time up to and including the meeting date. Shareholders should note that Barnwell has refused to accept or count votes submitted in favor of the Sherwood Group. The Sherwood Group strongly urges shareholders not to give undue weight to the preliminary voting results and, instead, to consider all material facts concerning the election before making their voting decisions with respect to the annual meeting. If you have any questions, please contact: Alliance Advisors150 Clove Road, Suite 400, Little Falls, NJ 07424Shareholders call toll-free: 1 (833) 215-7301Email: brn2025@ For media inquiries or further information, please contact: Alyssa BarryMedia Relations, Alliance Advisorsabarry@ To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Barnwell Shareholders Demand Change: Sherwood Group Nominees Lead with Overwhelming Support Ahead of Annual Meeting
Over 40% of Outstanding Shares Have Already Voted on the Green Card in Favor of Change Ahead of May 29 Annual Meeting Sherwood Group Calls on Barnwell Board to Respect Shareholder Vote Vero Beach, Florida--(Newsfile Corp. - May 19, 2025) - The Sherwood Group, a long-term and significant shareholder with approximately 29.90% of the issued and outstanding shares of Barnwell Industries, Inc. ("Barnwell", "BRN" or the "Company") today issued the following letter to Barnwell shareholders providing a voting update ahead of the Company's Annual Meeting on May 29, 2025. Dear Barnwell Shareholders: According to a preliminary report received from the proxy solicitor, Barnwell shareholders are demonstrating overwhelming support for urgent change and accountability. Considering that Ms. Isidoro has already been elected to the Board by the Consent Solicitation, approximately 40% of the Company's outstanding shares have already been voted FOR Sherwood Group nominees Henry, Pierson and Sherwood on the GREEN proxy card. Mr. Woodrum has received 39% of the total outstanding shares. In sharp contrast, management's nominees have received only 1.45 to 1.59 million shares each, representing 14% to 15.8% of shares outstanding, much of which, we believe, represents insider holdings. We urge all shareholders to carefully review the facts and vote FOR the Sherwood Group's nominees to ensure accountability, transparency, and a stronger future for Barnwell. Voting Is Ongoing Shareholders are reminded that voting remains open for the 2025 Annual Meeting. Preliminary voting results are not final and may not reflect the ultimate outcome. Shareholders who have already voted may revoke their proxy and submit a new one at any time up to and including the meeting date. Shareholders should note that Barnwell has refused to accept or count votes submitted in favor of the Sherwood Group. While we remain confident in the outcome if the Delaware Court acts to ensure a fair process, we do not presume the result of the Annual Meeting. The Sherwood Group strongly urges shareholders not to give undue weight to the preliminary voting results and, instead, to consider all material facts concerning the election before making their voting decisions with respect to the annual meeting. The message is clear: shareholders are demanding new leadership. This is not a board aligned with shareholders or focused on long-term value creation. This is a board presiding over persistent financial underperformance, poor capital allocation, and blatant entrenchment. The path forward starts with accountability. The Sherwood Group's platform is built on restoring financial discipline, reestablishing strategic focus, and delivering lasting value for all shareholders. Barnwell shareholders deserve a board that takes responsibility, not one that hides behind legal maneuvers and empty headlines. We thank the many shareholders who have already voted FOR the Sherwood Group's nominees using the GREEN proxy card via ProxyVote. To the current Board of Barnwell: we urge you to immediately cease its efforts in Delaware Court aimed at blocking the universal proxy and instead respect the rights of shareholders to decide who should lead their company. It's time to turn the page. Vote GREEN. Vote for Change. Thank you for your support,Ned L. Sherwood If you have any questions, please contact: Alliance Advisors150 Clove Road, Suite 400, Little Falls, NJ 07424Shareholders call toll-free: 1 (833) 215-7301Email: brn2025@ For media inquiries or further information, please contact: Alyssa BarryMedia Relations, Alliance Advisorsabarry@ To view the source version of this press release, please visit
